Photon Holding claims activities not affected by preliminary insolvency proceedings
A German court opened preliminary insolvency proceedings for the solar services and publishing group due to a tax obligation. Photon calls the move “unnecessary.”
IRENA conference highlights PV solutions for island tourism
Hot topics at the event included the pressing need for adequate energy storage on islands as well as the compelling case for photovoltaics.
Photon Holding files for insolvency
The publishing company based in Aachen, Germany, whose assets include industry magazines Photon International and the German Photon Das Solarstrom-Magazin, is insolvent.
Ecosummit Berlin: Dutch startup to crowdfund solar in the European market
The Amsterdam-based team is developing a platform that will offer virtual net metering, allowing investors to compare the production of their share of solar installations against their domestic electricity production.
Sungevity, E.ON partner in Europe to expand solar energy business
To facilitate its European expansion, Sungevity has taken full ownership of its Dutch unit Zonline, soon to be rebranded as Sungevity Netherlands, which will serve as the company’s European headquarters.
RBI Solar buys Germany's Renusol
Insolvent Munich group Centrosolar will make some $3.5 million from the sale of the PV mounting systems subsidiary. All of Renusol’s employees will remain at the company.
India: Motech claimed it had only one subsidiary
The Taiwanese manufacturer told Indian investigators it had only one subsidiary connected to its exports to India. Ministry of Commerce officials, however, uncovered other relevant units in Taiwan, China, the U.S. and Japan.
EPA announces coal power emissions rule
President Barack Obama’s long-awaited clean air rule would seek to reduce greenhouse gas emissions from power plants by an average 30% of 2005 levels by 2030. Coal-power plants are likely to be the most heavily hit.
Manufacturers will be quids-in from July
IHS says a record level of solar installations in the fourth quarter will start to benefit manufacturers from July onwards. The UK is predicted to overtake Germany and become the world’s fourth largest solar market in 2014.
ReneSola targets household sales
The Chinese OEM manufacturer is switching focus to small-scale own-brand sales direct to the consumer. The strategy saw the company burn through $134m in three months.
